What lies in store for the euro? City Talk The euro area has made reasonable economic progress in recent years. It has been recovering from the Western banking crash and credit crunch of 2007-9 and from the euro crises of 2011-13. A general calm has descended thanks to Germany and the other surplus countries depositing their money at the European Central Bank (ECB), which [...]
Why is this such a worried bull market? City Talk Normally bull markets are full of people who are optimistic. They radiate enthusiasm for economies and shares. They hunt down markets or individual stocks that look cheap compared to the rest and recommend them. They recommend simply buying the global or local market to join in a general uplift in shares they expect. Eventually you [...]
Market outlook City Talk Trump trade war threat A continued world recovery, led by the US with good support from Chinese growth among the emerging markets, is a positive backdrop for share markets. The Trump tax cuts and spending increases could boost US demand and output with the upcoming earnings season in the US likely to be the strongest [...]
China in stormy waters July 13, 2018 China is sounding a bit exasperated by Mr Trump’s words and tariffs. The usually-cautious Ministry of Commerce refers to the possibility of the US losing its reason. President Xi thought he had an understanding with President Trump, only to discover Mr Trump intends to press very hard over intellectual property, investment in the digital area [...]
This bull market has relied on technology shares July 4, 2018 This has been a long and unusually hesitant and worried bull market. Indeed, there have been a substantial number of sectors that have lived through their own bear markets whilst the overall indices push on to new highs. The US has outperformed the other advanced country equity markets and China easily over the twelve months, [...]
